Company / R&D Expense
NERDWALLET, INC. R&D Expense History
FY2019-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest R&D Expense
$66.7M
FY2025
5-year range
$46.0M / $82.5M
FY2021-FY2025
Trend
-19.2%
vs FY2024
Sector context
#216 of 263
Information Technology
What the data says
NERDWALLET, INC.'s r&d expense of $67M is lower than 82% of companies in the Information Technology sector (FY2025). R&D Expense has fluctuated over the past 7 years, ranging from $46M in FY2021 to $83M in FY2024.
Based on SEC 10-K filings.
$67M in FY2025 with a 5-year CAGR of +5.6%.
Declined from $81M to $67M over the past 2 years.
Information Technology sector context is included.
R&D Expense over time
Growth rates
- 3-Year CAGR
- +9.4%
- 5-Year CAGR
- +5.6%
- 10-Year CAGR
- -
Sector benchmark
Bottom 18% in Information TechnologyTop 82% of 263This company $66.7M Sector average $927.0M
▼
-92.8% below sector average
Key checks
Key Insights
- 5-year CAGR of +5.6%, indicating consistent growth.
- In FY2025, r&d expense decreased 19.2% year-over-year.
- Ranks #216 out of 263 companies in the Information Technology sector.
- Peak r&d expense was recorded in FY2024.
Company context
Key Data Points
- Altman Z-Score 3.99 (safe zone, above 2.9 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | R&D ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $66.7M | -19.2% |
| FY2024 | $82.5M | +2.5% |
| FY2023 | $80.5M | +58.2% |
| FY2022 | $50.9M | +10.7% |
| FY2021 | $46.0M | -9.6% |
| FY2020 | $50.9M | +10.7% |
| FY2019 | $46.0M | - |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026